Koil Energy Solutions, Inc. (KLNG)
Koil Energy Solutions, Inc.
1310 Rankin Road
Houston, TX 77073
United States
281 517 5000
https://www.koilenergy.com
Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full Time Employees: 51
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Erik Wiik | CEO, President & Director | N/A | N/A | 1964 |
| Ms. Mary L. Budrunas | Co-Founder, VP & Corporate Secretary | 52.5k | N/A | 1952 |
Description
Koil Energy Solutions, Inc., an energy services company, provides equipment and support services to the energy and offshore industries. The company offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operation services; well-commissioning services; and construction support services. It provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subsea equipment, as well as support services for offshore interventions. In addition, the company offers loose steel tube flying lead and umbilical hardware products, as well as riser isolation valves and subsea isolation valve systems. Further, it provides installation aids, including flying lead installation systems, tensioners, lay chutes, buoyancy modules, clump weights, mud mats, pumping and testing skids, control booths, fluid drum carriers, under-rollers, carousels, running and parking deployment frames, termination shelters, pipe straighteners, subsea deployment basket systems, horizontal drive units, and rapid deployment cartridges; and termination services, including bend stiffener latches. The company sells its products through a sales force to energy companies, subsea equipment manufacturers, subsea equipment installation contractors, offshore drilling contractors, engineering and construction companies, and other companies involved in maritime operations. The company was formerly known as Deep Down, Inc. and changed its name to Koil Energy Solutions Inc. in April 2022. Koil Energy Solutions Inc. was founded in 1997 and is headquartered in Houston, Texas.
Corporate Governance
Koil Energy Solutions, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
